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Search Results 0 to 49 of about 65 (some duplicates have been removed)
Current
Dec 5, 2012 6:00am PST
for on the fiscal cliff? look at every poll. americans largely agree with the president which is why they re-elected him. the president. >> when you look at the map, it doesn't work. -- when you look at the math it doesn't work. we'll have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> stephanie: we just talked about this earlier. a newly-released poll from "the washington post" and pew shows 53% of americans would blame republicans if we don't get a fiscal cliff agreement. [ ♪ "world news tonight" ♪ ] the numbers are largely unchanged from the ones conducted right after the election. that's exactly what the president said. we're in the exit polls. to only 27% would blame obama if the country goes over the cliff. blah blah, blah. to that 64%ers who didn't believe it would have a major effect on the u.s. economy and 60% think that will be negative. who are republicans fighting for? not for a majority of americans. he's fighting for the top 2% who he says are actually small
MSNBC
Dec 3, 2012 11:00am PST
the american people about the fiscal cliff. it's part of the white house push to build support. the president has answered a few questions so far. let's get backe to kristen welker. she's monitoring the exchanges. what have we learned, kristen? >> reporter: good afternoon. most exchanges have to do with questions concerning increasing taxes on wealthier americans as well as cuts to sbimgentitlemen. one exchange caught our attention. this is from mandy. as a recent college grad bout wout a full time job these cuts wouldn't help me, would they? the president responds kitts without revenue equal reductions in student loans, work study and college tax credits expire. bad for growth. the president says like your hair. she has purple hair, tamron. a lot of questions pouring in. as you know when you look at the polls about 60% of americans agree with president obama's plan to increase taxes on those making $250,000 or more. if you look at questions coming in, there's still concerns about those ideas, so the president answering those this afternoon. this is really like a twitter town hall. he used a
MSNBC
Dec 4, 2012 1:00pm PST
% of americans are likely to blame republicans and just 27% the president if they don't agree on a fiscal cliff. we know that after the election, 60% of people said let's raise taxes on the wealthiest. what more does john boehner need? >> i don't understand the republicans' thinking on this. i really don't. this is power politics. they don't have the leverage in this situation. if they don't cut a deal within the next 30 days, you're going to see tax rates rise on all americans. you're going to see huge cuts in the defense budget. we're probably going to have a double dip recession, and until the congress then gets its act together to fix it and lower rates on the middle class, you will have the republicans essentially responsible for raising tax rates on the middle class. i can't imagine, again, bill krystal said this yesterday. i can't imagine why the republicans would want to be known as raising tacks xes on t middle class. >> thank you both. next, the president reacts to speaker boehner. stay with us. this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice
CNN
Dec 3, 2012 6:00pm PST
president obama has seen these polls. so if there is a fiscal cliff and we go over it, the american public are likely to blame the republicans. >> well, that's absolutely true, piers. we've had an election and the clearest debate and the clearest difference in that election was over the question of whether the rich should pay more and tax rates should go up on the rich. everybody who paid any attention at all knows that the top 2% are now taking home a larger share of total income and wealth in this country than they have in over 80 years and are paying the lowest effective tax rate they paid in over a half a century. we also have a looming budget deficit. so you don't have to really be a rocket scientist to understand that the rich do have to pay more. taxes do have to be raised on the rich and i think that's why over 60% of the public in these polls are not only supportive of a tax increase on the rich, but also will blame the republicans if we go over the fiscal cliff. and this gives frankly, this gives the white house and this gives the obama administration much more bargaining leverag
CNN
Dec 3, 2012 9:00pm PST
for the wealthy and quote, sticks the middle class with the bill. so with 29 days to go until the fiscal cliff, what would it take to get a deal? joining me now, men on opposite sides, grover norquist, president of americans for tax reform and robert reish, former secretary of labor for president bill clinton and the author of "beyond outrage." none of the three of us are beyond outrage, grover norquist, which is why i keep having you back. the situation it seems to me as an impartial observer here is that both sides have now made fairly ludicrous offers that they know the other side is never going to accept in a million years. that does beg the question, grover, why bother, given that both sides know where they need to move, why the games? >> well, it's not clear that both sides know. the week after the election, president obama was asked do you have to have the higher rates or could we have deductions and credits and he said he was open to negotiations. three weeks later, after thanksgiving, he shows up and all of a sudden there's a line in the sand on rates that had come out of nowhere, so
FOX News
Dec 1, 2012 10:00am PST
, jamie. one month until the fiscal cliff and appears to be little movement, but a lot of talk back and forth and the president used a campaign style appearance to appeal directly to the american people and pushed for immediate action to extend bush era tax cuts for everybody except the more wealthy americans. >> right now congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income, everybody. and that means that 98% of americans and 97% of small businesses wouldn't see their income taxes go up at all. and even the wealthiest americans would get a tax cut on the first $250,000 of their income. >> but republicans led by house speaker john boehner said the president should quit campaigning and take care of business and some suggest that the president is playing a dangerous game of political brinksmanship. >> i think that the democrats and the president view it to their advantage to run the clock out and dangerously close by the end of the year. if there's a break through, in a short manner, takes a while to get proposals scored by the budget offic
CNN
Dec 1, 2012 10:00am PST
correspondent of "time." with the fiscal cliff on the horizon, americans are learning a lot about the politicians their hired. my final thoughts on this, the tax pledge standing in the way of compromise when we get back. you're watching "your money." helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> this is it, the famous tax pledge we have been talking about created by grover norquist back when ronald reagan was president. timed have changed since then. i had hair back then. some lawmakers are starting to understand it's not just low tax rates that matter.
CNBC
Nov 29, 2012 9:00am EST
the fiscal cliff will hurt our economy. it will cost american jobs. republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes, to replace the sequester and pave the way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy and protect american jobs and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reforms it's going to be impossible to address our country's debt crisis and to get our economy going again and to create jobs. so right now, all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president, congressional democrats to tell the american people what spending cuts they're really willing to make. with that, i'll take a few questions sfwl speaker boehner, why will you not tell democrats what specific spending cuts you would like to see, especially within entitlements? >> it's been very clear over the last year and a half, i've talked to the president about many of the
Current
Nov 29, 2012 3:00am PST
've been talking a lot this morning about the fiscal cliff the impact on middle american families particularly. but there are a lot of people who are saying today well, let's teach the republicans a lesson. let's let them go over the cliff. why not. and then see what happens. does it make any sense to you? >> look. you know, i'm into actually solving things. not retribution. i'm a teacher. and what you do is you try to -- you try to educate people. you know. if you have to protest. if you have to activate. you do those things. but at the end of the day the american people actually said really clearly in the election by the polling data about congress and you see what they said -- what was litigated during the election. and what they said during the election. every single day. barack obama, joe biden the people running for senate said we have to have a balanced approach which means more revenues. they said that. it was pretty clear. and the american people voted for the president and the biggest popular vot
MSNBC
Nov 29, 2012 11:00pm PST
to be here christmas week in order to protect the american public from the fiscal cliff, i'm happy to be here, and so are my colleagues. >> i hope everybody speaks greek because that would be the appropriate language to use the week after christmas. thank you. get it done before christmas. thank you, u.s. congressman lee terry, thank you so much for coming. >>> up next, president obama had mitt romney over for lunch at the white house. do you believe it? i'd love to know what happened in that room. it's the latest edition in the often frosty relationship between the presidential rivals. it was pretty warm for about an hour on election night. this is "hardball," the place for politics. >>> well, this next story should surprise no one. the 112th congress is on track to be the least productive since the 1940s. with just weeks left, the congress has passed 196 bills into law, many of them ceremonial pieces of legislation like the naming of courthouses. since the 1940s the least productive congress was the 110th in the mid-'90s which passed 333 laws into law. the current congress would have to pas
MSNBC
Dec 2, 2012 11:00am PST
are wasting precious time here to avert the fiscal cliff. was this the intended effect of the president's first offer? >> what we're trying to do is to make it more likely. we come together on a good agreement for the american people that extends tax cuts to the american people. brings our long-term deficits down. tough spending savings is part of that, and invest in things that matter to the american economy, like infrastructure, and getting americans back to work. we think we can do that. we have a good chance, and it's very important. and i think we'll get there, david. >> do you think we'll get a deal by the end of the year? >> i do. because the only thing standing in the way of that is a refusal by republicans to accept that rates have to go up on the wealthiest americans. and i don't really see them doing that. >> the idea that they have signalled something significant for them, which is -- >> what is that? >> putting revenue on the table. >> it's welcome that they are recognizing that revenues are going to have to go up. but they haven't told us anything about how far rates shoul
MSNBC
Nov 29, 2012 4:00pm PST
have to be here christmas week in order to protect the american public from the fiscal cliff, i'm happy to be here, and so are my colleagues. >> i hope everybody speaks greek because that would be the appropriate language to use the week after christmas. thank you. get it done before christmas. thank you, u.s. congressman lee terry, thank you so much for coming. thank you, congressman connolly. >>> up next, president obama had mitt romney over for lunch at the white house. do you believe it? i'd love to know what happened in that room. it's the latest edition in the often frosty relationship between the presidential rivals. it was pretty warm for about an hour on election night. this is "hardball," the place for politics. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good
MSNBC
Dec 3, 2012 9:00am PST
thank you my friend, as always. catch one of the key voices behind the fiscal cliff negotiations here on "now" tomorrow when americans for tax reform president grover norquist joins us tomorrow at noon eastern. and after the break, entitlement reform hot potato. that's next on "now." music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> the vast majority of democrats on capitol hill would prefer not to have to do anything on entitlements, would prefer frankly not to have to do anything on some of these debt and deficit problems. if you look at the numbers, then medicare in particular, will run out of money and we will not be able to sustain that program, no matter how much taxes go up. i mean it'
FOX Business
Nov 29, 2012 10:00pm EST
this fiscal cliff, people are not going to care whose fall it is, they are just going to know we're in a deeper abyss. lou: we have our eyes to follow, we see speaker boehner and mitch mcconnell in washington. the president is not there. that has to be a tough sell? isn't it? >> there is a long way to tiperary . when it comes to these negotiation, predent was willing last year to haveore cuts than tax increases, he is still there. this is going to be a long process, we will get there. if we don't, it is not the end of the world. world. lou: you are going down in history as fellow who called a multitrillion dollar reversal a bunny hill. >> it won't be. lou: i admire your certainty. >> there are two key points we've not discussed. i think that the president wants to go over the fiscal cliff, he wants all of the tax rates to go up, he needs that revenue,nd more important we know he is not going to get blamed. the madial protect him -- media will protect h. the other thing, this president, for a long time has tald about a balanced approach to deficit reduction, we assumed revenue on
FOX Business
Nov 28, 2012 7:00pm EST
that is a coincidence? republicans and democrats sparring over how to avoid a fiscal cliff. potential disaster that they created. >> and a clear majority of americans. not just democrats, but also a lot of republicans and a lot of independence agreed we should have a balanced approach. >> we all know that we have had this been in crisis coming at us like a freight train. it has to be dealt with. lou: 33 days to go. can the president and congress fix the mess they have created? the "a-team" joins us. washington is struggling with the fiscal cliff or at least say they are. teamsters president says no deal is fine by him. we will show you why hoffa and some of his union buddies are ready to go over the cliff. susan rice apology to or on capitol hill goes on. another day of meetings with senators and more unanswered questions. >> i still have many questions that remain unanswered. i continue to be troubled by the fact that the u.n. ambassador decided to play what was essentially a political role. lou: israel, gaza, egypt, and ron, american foreign policy. will we ever get the facts on what happene
MSNBC
Nov 30, 2012 3:00am PST
house averts the fiscal cliff. millions of americans are not finding this partisan fighting so funny. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. we create easy-to-use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! we knew you needed a platform that could really help you elevate your trading. so we built it. chances of making this? it's a lot easier to find out if a trade is potentially profitable. just use our trade & probability calculator and there it is. for all the reasons you trade options - from income to risk manageme
CNN
Nov 29, 2012 2:00am PST
of agreement on the fiscal cliff. look at this abc news/washington post survey that says 60% of americans support raising taxes on the wealthy. 37% oppose it. what about reducing deductions? 44% support it. 49% oppose it. americans, much like lawmakers, want a solution to the problem but clearly divided on how to get there. >> the consensus is there to solve it. the question is how. president obama is meeting with mitt romney today. >> big news. >> do you have any idea what they plan to discuss? >> they are having lunch at the white house this afternoon. the president talked about this after his re-election. he said he wanted to sit down with mitt romney, talk about ways to move the country forward. but the president pointed out mitt romney did a good job turning the olympics around. he thought it could work in the government. streamline agencies to make it more user-friendly. the president will talk with him about that. the president pointed out that out there on the call pain trail mitt romney had good things to say about job creation, turning the economy around. they will discuss those
CNN
Dec 4, 2012 8:00pm PST
story -- now our fourth story "outfront." the fiscal cliff. dissension within the ranks. it seems not all republican lawmakers and conservative groups are in lockstep with john boehner. earlier i spoke with one gop house member who hasn't been on the same wave length as the speaker recently. he's in senior leadership. here's what deputy whip congressman tom cole told me about those who in the party say taxes shouldn't be on the table. >> for those who say we're putting revenue on the table, the american people did that when they elected, you know, the president and a democratic senate again. again, they have to agree to a deal or tax rates on everybody go up. i think we shouldn't -- we should do everything we can to avoid that for as many people as we possibly can. >> "outfront" tonight, grover norquist, whose anti tax pledge signed by most sitting republican lawmakers on capitol hill has been a major point of contention in this debate. grover, let me start by asking you something congressman tom cole said. he said it's the american people who spoke. this was central to the presid
CNN
Dec 4, 2012 4:00am PST
be to resolve the fiscal cliff position, and then see the american economy, you know, what a fantastic natural advantage is in this huge game change you've got in energy policy to see that economy really take its proper place again. and if that happens, i think that will also, by the way, have an impact on say the eurozone, which is still very, very fragile. >> all the ifs in there. you have written an article, a special to cnn called be bold to escape the economic crisis. that's the headline there. what is the lesson? i mean i think often the big superpowers don't necessarily look to africa, for example, for good lessons on how to strategize. many of those countries, those emerging economies are doing, are growing, at a rate faster than the united states, and favser than many others. >> yes, they're moving ahead very fast as economies. but i think for us efficiently, if you take europe they've got to take some really big decisions now, and as it were, sort out the short-term issues to do with the single currency crisis, and then make the long-term reforms that we're all going to have to make.
MSNBC
Nov 30, 2012 6:00am PST
americans sent us to do. >> you mentioned the fiscal cliff and i want to ask you about it. president obama even in his p - proposal yesterday had entitlement cuts including to medicare. you have in the past been resistant to cutting entit entitlements. does the result of the election -- i've heard many people on the democratic side say, look, we won. we don't need to make concess n concessions to republicans on entitlements. we can raise the top rates without making these concessions. do you think the president is even in this first proposal giving away too much on the entitlement side? >> i think it's important to note that there's a difference between working to cut medicare and protecting the benefits. and itch said repeatedly that i will not vote to cut the benefits people have earned and depend on because they put those benefits into place, one, this in the middle of a depression, social security, and the other one, medicare, because they were needed. republicans and democrats recognized they needed these programs because people got old and people got sick and they still do. so i wi
CNBC
Dec 4, 2012 9:00am EST
, brian. coach, dsw and american eagle a dividend payment ahead of the fiscal cliff. oracle said it was moving up three of its 2013 quarterly payments to this year. that's a nice payday for the ceo larry ellison who will take home about $199 million. the marketplace editor for "the wall street journal," alsos a new father. >> oh, thanks, carl. >> you look way too rested. >> i know. i hope my boy is not watching me, that he's asleep and being a good boy. >> let's talk some dividends -- congratulations. i'm so happy for you. let's talk some dividends. is this for the good of all shareholders or purely a personal decision? >> well, i have to say smoke them if you've got them. right now the market is saying give us our dividends. if you go to the website you'll see a list of dividends and the percentage of insider holdings for those companies that have produced those you see some companies you mention ed where there's not a lot of insider interest. of course there are companies like oracle. larry ellison owns about a quarter that have company where there is substantial personal divid
Current
Dec 6, 2012 6:00am PST
of a fiscal cliff, am i missing something here? can it be such a bad thing. not really said the cbo. if congress extents current policy, the debt and deficit will increase slowing the economy and dramatically increasing interest costs. because of the deal congress and the president made last year it be result in across the board budget reductions, still there will be no decreases in social security, medicare and veteran's benefits. defense spending would take a big hit, but because of a windown in afghanistan some military leaders are asking for less than congress is willing to shell out. from 1990 to 1999 defense spending decreased by 1% a year. this weakened military is nonsense. jim we have like what 27,000 times to blow up the country with the next amount of nukes. >> and we still have massive armies in europe protecting them from a massive soviet union. >> yeah. >> korea is another issue -- we do need people there. >> stephanie: right, but he points out who is behind all of this fiscal cliff cage rattling. the rich and their friends. any changes on the low,
MSNBC
Dec 3, 2012 7:00am PST
americans use food stamps in august. that cost nearly $72 billion. so when you hear about the fiscal cliff and you hear about possible cuts to entitlements, did this experience change your view of that? >> i would say it changed my view. look i've been someone that wants to support the entire community no matter what neighborhood you live in, no market what your socio-economic background. i was challenged by a local nonprofit to take this challenge to make me a stronger leader and i happily accepted that challenge and it was a good learning experience. it was only a week. it's not the same thing of having to live on food stamps full time. that's brutally difficult to go jool your tummy isn't as full as it needs to be. i get that it was only a week. it helped me be a better policymaker. >> you kept a diary of your experience. i want to read a little bit of your entry from day four. i'm facing a long hungry day and an even longer night getting dinner on the table which requires making everything from scratch on this budget. it's only for a week so i've got a decent attitude. if i were doing
MSNBC
Dec 5, 2012 1:00pm PST
cliff. the nug says, let's stop the insanity by suspending the right to vote of any american who's on welfare. how effectiveç is voter suppression good at cushing insanity? >> this is the first time we've heard from john sununu. probably not the first time we've heard from ted nugent. these are two outliers within the beaten republican party. remember, the polls were barely closed before republicans were coming out of the woodwork, talking about how they needed to broaden the tent, be more open and welcoming and approachable to the very people who turned their backs on the republican party and helped re-elect president obama. john sununu is addition you know, he's not speaking for the republican party. ted nugent, he's very entertaining and downright racist in some of the things he says. >> if you like that kind of thing. >> i guarantee you, they're not going to be standing at the speaker's podium in 2016. the party moving beyond those characters. >> i hope you're right. mitt romney, whom you've just written about is seclusion in retail therapy. the man who told us i love cars,
CSPAN
Dec 6, 2012 7:00am EST
about the fiscal cliff and some of the issues surrounding that. we are going to look at a specific issue of so-called tax extenders a little bit later with sam goldfarb. he will also be talking about tax issues in general when it comes to the fiscal cliff. if you have questions about tax issues or comments about how taxes should be included in these discussions, he will be taking your calls. up next, we're going to have a look at republicans and the fiscal cliff negotiations with radio talk-show host and columnist armstong williams. that is coming up next as we continue the "washington journal." ♪ >> why a writers institute? i think it is very important within the culture. we are a culture of words, of voices. words are key to our imagination, our capacity to envision things. we ourselves are not completely tied to print on the page. but i think that there is no other art form so readily accessible other than perhaps -- but it is something -- there is something in literature that captures the humans. . >> this weekend, we look behind the scenes at the history and literary life of new y
MSNBC
Dec 1, 2012 7:00am PST
to do their part to continue campaign. calling on all americans to raise awareness about the fiscal cliff, to get in touch with their congressmen to tweet my2k. here he was doing this in small businessville, pennsylvania just yesterday. >> it's not acceptable to me. i don't think it is acceptable to you for just a handful of republicans in congress to hold middle class tax cuts hostage because they don't want tax rates on upper income folks to go up. that doesn't make sense. >> in addition to rounding up the voters, he deployed tim geithner to the hill. he just know that leader pelosi is letting house democrats know they better not pull a fredo during negotiations. the president's offer was this. $1.6 trillion in tax increases, a hefty $50 billion in mortgage relief, infrastructure investments. extension of unemployment insurance and a deferral of cuts to medication payments to physicians. oh, yeah, no more debt ceiling fights. he is going to take that one off of congress' plate all together. there is a claim of about $400 billion in entitlement savings. they carry no guarantee and
CNN
Dec 4, 2012 11:00pm PST
with the fiscal cliff. but it has everything to do with obamacare. >> now, it is true that a lot of those taxes did take place after the election. that's something we pointed out and is a fair point. but let me just ask you about the compromise we have to go to. because like i said, again, to get this done, taxes are -- i mean, they're going to go up on somebody. i just believe that this is what is going to happen. i think tom cole thinks it's going to happen. i think tom coburn thinks it's going to happen. i wanted to play a bite from him and get your reaction. here he is. >> sure. >> i'm okay to compromise even on some of my issues, if, in fact, we'll solve the problem. but what we have is a game being played for political -- for the extreme right wing and the extreme left win rather than coming together and leading and solving the problem. >> so grover norquist. if you had to accept the tax rates would go up, all right, just they're going to go up and they're going to go up on somebody. what would you really want in return? not revenue-neutral. real tax increases. what do you want in return?
Current
Nov 30, 2012 4:00pm PST
over. forget the fiscal cliff. the real problem is the climate chef. >> i love bill o'reilly. i'm proud to be an american, but i saw this movie chasing i.c.e. today, and it has changed me not only about global warming but as a person. >> cenk: wow, that's not even the elbow of the day. you'll be shocked to find out it's not a republican. ice breakers mints. break the ice. question: why are ice breakers mints called mints? answer in a moment. >> a second pounding storm slams the west coast with a half of foot of rain in san francisco, trees, cars and trucks smashed and another major system on the way this weekend. >> cenk: another major storm--weird huh interesting. i'm here with everybody, michael shure, dorothy lucy, and mark thompson. the climate storms are here, the fire, drought, storms we've suffered through. it's a big issue for those the the americans, but not the politician. there is a report not in terms of the news they had but how dire the situation. the report last night. >> the numbers are staggering. 344 billion metric tons of ice melting in antarctica and green land a yea
FOX Business
Nov 30, 2012 9:20am EST
over the fiscal cliff full tilt, either way, you will have a recession and president obama's second term starts on a very negative note for the american economy. >> you put your finger on the problem. the point of having these fiscal cliff negotiations is to avoid what could lead to a recession, to avoid a calamity. the proposal your putting forward leaves you with an even worse position than you are now, what is the purpose of this? stuart: stay there for a second. i want to get the company's opinion on the raising of the debt ceiling. it is and abolition of the debt ceiling so the president and borrow whatever he wants without congressional authority. >> extraordinary power grab like we haven't seen in a long time. washington d.c. has been in bubble bland. we are in a government bubble. washington d.c. is disconnected from the reality of real-estate going up but the issue is washington d.c. things we are on the dot dog, or housing bubble from the bubbles stretching back to the 90s. we are no longer there. stuart: i am frightened by no debt ceiling and a person has the authority, w
CSPAN
Nov 29, 2012 7:00am EST
't think the american people will get anything unless we let things go over the fiscal cliff. republicans will never agree to anything. i think obama needs to stick to his guns. guest: that is one of view of some liberals and some republicans say let's go over the cliff. then you get to cut tax rates. that is easier politically to do. nobody says it is their first choice. some say the democrats could have more leverage if we go over the cliff. some think tanks have said and most people understand it is a slope. it will be gradual. many people are looking to the stock-market to see what their reaction is if there is not a deal. that could have its own impact on the economy. host: author any strong advocates in the administration who maintain the payroll tax cuts? guest: chris van hollen is a top democrat in the house and has been vocal about saying we should continue it. larry summers said we should continue it. the obama administration had said that it was time to go back and let the tax cut expire. they have been quiet about that recently. host: now again, from "money" magazine. if you m
MSNBC
Dec 3, 2012 1:00pm PST
on the wealthy. you guys are willing to go off the fiscal cliff? >> it republicans are not willing to let rates go back up, and we think they should go back to the clinton levels, a the a time when the american economy was doing exceptionally well, then there will not be an agreement. >> while geithner was drawing a line in the sand, house speaker john boehner was busy trying to lift his jaw off the flar after geithner presented the president's debt reduction plans to him last week. >> i was just flabbergasted. i looked at him and said you can't be serious. i have just never seen anything like it. >> yes, indeed, it seems that republicans are not quite sure what to make of the president taking a harder line across the bargaining table. >> you know, the president's idea of a negotiation is roll over and do what i ask. >> i think we're going over the cliff. it's pretty clear to me they made a political calculation. the president's plan is just, quite frankly, a joke. >> i'm not sure about that, senator graham, but there will be plenty of time for jokes later this evening with every member of cong
Current
Dec 3, 2012 6:00am PST
without an increase in tax rates for the wealthiest americans and if that meant going over the fiscal cliff republicans would be to blame. so nancy pelosi, little scamp that she is, she is threatening -- [ ♪ "world news tonight" ♪ ] she threatens to force a vote if the republicans don't act on the middle class tax cuts. tee-hee. i'm guessing boehner is going to be -- >> flabbergasted. >> it has never been done before. >> ever. flabbergasting. >> it is flabbergasting. >> stephanie: flabbergastacious. >> i'm impressed by your flabbergastivity. >> stephanie: lindsey graham went on to say we'll lose everything we know as america if we don't fix entitlements. we're becoming the greece of out-of-control spending. [ ♪ dramatic ♪ ] >> it in no way does that. >> stephanie: shut down that argument. the spending graphs of who -- >> nonsense. >> also, greece is falling apart because of the austerity programs implemented by the inf and the world bank. >> stephanie: we have references on that. they're wrong wrong wro
CSPAN
Nov 28, 2012 8:00pm EST
of this republican majority is to solve the fiscal cliff once and for all and put us on a path to grow the economy. >> we are 34 days away from what would be the largest tax increase in american history, and the speaker boehner and the republicans have put forward a balanced plan that would prevent that from happening and not devastate our economy at a time when our economy continues to struggle and people are having a tough time finding work. we need to take action that will insure that small-business owners all across this country continue to be able to survive. many have said that the president's approach in raising taxes would act to devastate the economy. ernst and young estimated jobs lost -- a plan that would cut nearly 1 million jobs is a nonstarter. we are working to find a better way. a common-sense way. we can raise tax revenue by simplifying the tax code, not increasing tax rates. we can address wasteful government spending that jeopardize an hour commitments in the national defense and protecting our most honorable. we can jump-start our economy by assuring americans that congress and
MSNBC
Nov 28, 2012 11:00pm PST
's not a good idea to go over the fiscal cliff. no one wants to see that happen. it is a bad idea. but a worse idea is to accept a compromise that allows the wealthy americans to continue to not pay their fair share because the result of that will be middle class families will bear the entire burden of the challenges that this country faces. that's not fair or responsible. >> how do we do it? how does this country manage to get a decently fair deal in time to beat this cliff, avoid it? >> tom cole said it all. take what the president has offered right now. make sure that 98% of the people aren't affected by any tax increases. that's how we get it started. and patty is absolutely right. we have all these problems facing us and this is the way to do it. a bad deal would be saying to the millionaires and billionaires, you're going to get a big tax break. that's what the elections was about. we held an election. it isn't as if this was a sidebar issue, chris. this was a main issue. >> i know. >> so, we can fix this. we can stop the sequester right now. we can make sure that 98% of the people don't
MSNBC
Dec 2, 2012 9:00am PST
to the fiscal cliff. timothy geithner on the president's offer to to republicans followed by a response from grover norquist. >> we're trying to make it more likely we come together on a good agreement for the american people that extends tax cuts for the middle class. >> do you think we'll get a deal by the end of the year? >> i do. the only thing standing in the way of that would be a refusal by republicans to accept that rates are going to have to go up on the wealthiest americans and i don't see them doing that. >> if the president doesn't stamp his feet and get his way, he should get into a room and negotiate. instead of hearing rhetoric, that was show, no economics. let's have it in front of c-span cameras. . if the republicans are being reasonable, we'll see that, if they are not, we'll see that. >> joining us is reporter for politico. ladies first. did anything that you just heard suggest we're any closer to it an agreement? >> not really. the white house has put forth this plan, this proposal. congressional republicans, house speaker john boehner rejected it. he was flabbergasted by
MSNBC
Nov 30, 2012 1:00pm PST
of the fiscal cliff don't seem to penetrate the republican mind in congress, and that is going to be unfortunate for republicans because most of americans, the polls show, will blame the republicans if, in fact, their tacks go up january 1st. that's the big issue. who is going to get blamed? i have been at this game for many years. i remember when newt gingrich played the game of chicken with bill clinton and the question was who is going to get blamed? well, it was the republicans, and it was newt gingrich. and it look as though it's going to happen once again. republicans in the house especially are going to be blamed, and that means bad news for republicans not only over the next couple years but also in -- well, really over the next several elections. we don't even have to limit it to the next election. >> dr. peterson, mr. boehner also said something very curious today. he said, and i'm quoting him, he took a great risk in his speech the day after the election when he said he was open to more revenue. he was putting revenues on the table, but the only thing he said was exactly what mitt rom
MSNBC
Dec 6, 2012 3:00am PST
prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans -- remember, it's only 2%. the size of the problem in some sense is so large, it can't be solved without rates going up as part of that. again, i think there's broad recognition of that reality now. >> one fallback option republicans are reportedly considering is to accept tax cuts for the middle class, allow rates to go up for the wealthiest, and then start the fight over again during debt limit talks early next year. yesterday at a business roundtable of ceos, president obama took a hard line, warning his opponents not to consider this strategy. >> if congress in any way suggests that they're going to tie negotiations to dell creting votes and take us to the brink of default once again as part of a budget negotiation, which, by the way, we have never done in our history until we did it last year, i will not play that game. >> well, i wonder, the president's saying, steve, that, you know what, we can
CNN
Nov 29, 2012 4:00pm PST
blamed no matter what they do. that's political environment. they might as well embrace the fiscal cliff. >> you heard peter difazio saying earlier in the program, democrat, go off the cliff, there is no cliff. no problem. >> folks on both sides. look, there's not a clip there and they're going to play chicken and go off. >> and then you're road kill at the bottom. >> that's exactly right. most folks are saying since the economy's improving, congress, don't screw it up and you get some folks on the far left and far right, there's no cliff, don't worry about this. we're after the election, this isn't an id lodgical debating society. this is about getting something done. let's work on a short-term deal. >> the deal that's there, we're in this situation because congress came up with what they're calling the fiscal cliff now and they're calling it the fiscal cliff because they don't want to e embrace either the tax increases or spending cuts and i think it's foolish to think this congress can come up with a better deal. >> you know what's interesting, to eric's point, there is a great irony
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